$2,018 Closing Credit*
$169,900
1,814 SqFt
3 Beds
•1 Full Bath
Listing Office: Results Realty, Inc
Is Ransom County, ND a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Ransom County has remained a Seller's Market.
Key Takeaway
Ransom County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ransom County, ND
How much do homes in Ransom County, ND cost?
Median Sold Price
$185,500
$76/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,500(+29.7%)
Key Takeaway
Homes in Ransom County have sold for 29.7% more than they did a year ago.
Summary: The median home sold price in Ransom County was $185,500 in October 2024, up 29.7% from last year, and the median price per square foot was $76.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $73K | N/A |
| 2 Bedrooms | $77.5K | $83K | +7.1% |
| 3 Bedrooms | $145.7K | $185.5K | +27.3% |
| 4 Bedrooms | $210K | $225K | +7.1% |
| 5+ Bedrooms | $375K | $342K | -8.8% |
Summary: Ransom County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 8.8%.
Median Sold Price Compared To Nearby Counties
| Ransom County | $143K | $185.5K | +29.7% |
| Richland County | $208K | $240K | +15.4% |
| Barnes County | $180K | $199.9K | +11.1% |
Housing Supply in Ransom County, ND
How many homes are available in Ransom County, ND?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 31 | +3.3% |
Summary: The Ransom County real estate market had 31 homes for sale in October 2024, a 3.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 15 | 13 | -13.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ransom County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ransom County, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Ransom County in October 2024, up by 33.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Ransom County, ND
How long does it take to sell a home in Ransom County, ND?
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ransom County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Ransom County; 38% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
